senyorito123
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July 18, 2021, 11:01:13 PM |
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If you're holding enough tokens during bullrun and ATH price, please decide so quick and don't wait greed to take over your emotions. Let's be decisive while there's an opportunity to earn your profit at the best chance that you might acquire. Huge gains can be achieved, but not in a struggling periods because everything in crypto is always a big surprise.
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Yamifoud
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July 18, 2021, 11:08:18 PM |
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The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
This is because we hardly believe that holding gives you a decent profit which for me, it won't. I'm sure that we are already aware of the volatility of the market and once it pumps (it will be a perfect time to sell) because the next is that it surely be a decline. Not because we hold we are already confident that money comes in, no. If we don't bother to check the market quite sometimes, it is possible we miss the train and make us to regrets. But if you are aiming to invest for long-term, I think it was not a problem and I believe that the market will move rises again in a couple of years.
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Flowzer
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July 18, 2021, 11:23:49 PM |
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The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
It could be greed, but some of us just happy to hold it or maybe in situation that make us cant sell it at all (locked on stake or no fee for transaction). So, just happy with any condition, dont mock anyone who didnt sell because if all of us is sell it could suffer bigger dump.
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asriloni
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July 19, 2021, 02:19:04 PM |
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They should not do that or the price will be dumped again after the hype already gone lol. This ever happened with me when I was holding a token and the price plunged so hard to the bottom. I have been learning a lot from my mistake and I will never try to hodl it when the price reached the peak price. Some people were having the opinion if they can be the rich person instantly after they have seen the chart was going to the moon. This is a very very bad decision by them all. They didn't aware if the price can be dumped anytime and there would never be a forever pump.
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7788bitcoin
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July 19, 2021, 04:11:35 PM |
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It could be greed, but some of us just happy to hold it or maybe in situation that make us cant sell it at all (locked on stake or no fee for transaction). So, just happy with any condition, dont mock anyone who didnt sell because if all of us is sell it could suffer bigger dump. If you are confident about the project then you can hold for the next 10 years then no one is going to laugh at you because it is your money and your choice what you do with your investment, from my experience i am not investing in new projects because the huge loss i encountered with some of the projects in the past and even if invest i will not hold for a long time as i will book my profit in the short term.
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Flowzer
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July 19, 2021, 11:50:32 PM |
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It could be greed, but some of us just happy to hold it or maybe in situation that make us cant sell it at all (locked on stake or no fee for transaction). So, just happy with any condition, dont mock anyone who didnt sell because if all of us is sell it could suffer bigger dump. If you are confident about the project then you can hold for the next 10 years then no one is going to laugh at you because it is your money and your choice what you do with your investment, from my experience i am not investing in new projects because the huge loss i encountered with some of the projects in the past and even if invest i will not hold for a long time as i will book my profit in the short term. Yes agree, people took a decision based on what they believe, hold it for long time or do periodically trading its just different strategy used by people. Mocking another because u feels win at some moment is not a wise thing.
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mhine07
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July 20, 2021, 12:12:44 AM |
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The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
Too much greed is not an option because whenever there is an opportunity to make profits grab it even if its a small or a larger gain. In cryptocurrency world where you want to make money by means of investing in bitcoin and some other altcoins when it comes to their value that rises above the minimum meabs you can gain profits and make another invest to gain more profits. If i where of those people who has been holding a huge cryptocurrencies then the value goes high i will definitely sell my holdings for me to make huge profits and invest again.
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wajik-tempe
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July 20, 2021, 12:54:58 AM |
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Sometimes it's wrong but sometimes it's good. Long term investment is usually to not selling their investment in a long run (5 years maybe) even their investment already returning 10-20x of their initial investment. This could be wrong sometimes if the coin is fail for a long run, but imagine if they holding ETH or other crazy growth altcoin.
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Robinson66
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July 20, 2021, 01:30:57 AM |
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As far as altcoins are concerned, I usually get huge profits. I will not hold them all the time. I will invest the little money I earn in Bitcoin and accumulate it slowly. But everyone is more greedy and unwilling to sell coins, which leads to missed the best time to sell. If it is a valuable altcoin, you can keep it, but don't sell it forever.
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Luffygroove
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July 20, 2021, 01:52:12 AM |
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God, I really can feel how those person's feeling because I was in his shoes before, but not at this current bitcoin bull run. I was afraid to make a decision because whenever I sell, the price was up. I didn't know what I was expected cause I didn't have the fundamental knowledge about how the trading goes. Every time my heart and mind say "sell it now" I was trembling, I can't do anything and just keep silent without doing anything and saw the price going down after going up. My chances to increase my bag was gone just like that. That was an awful experience, but until now somehow I can still have the same feeling although less bad.
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Tina H
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July 20, 2021, 01:58:42 AM |
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This may not meet the expectations they want. He thought it might not be the best. Everyone has different ideas. I generally don't give advice to others. After all, the right to choose lies in your own hands. When I find mistakes, I will learn from experience. Success is the result of trial and error step by step.
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MoneyJ
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July 20, 2021, 02:07:49 AM |
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This crypto technology is already 10+ old. But it seems regulatory still hinders its progress . Long-term holder will definitely win and when smoke is clear holding those early crypto assets will be the right assurance of wealth.
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NathanielParker
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July 20, 2021, 02:09:37 AM Merited by Symmetrick (1) |
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This can only show that there is too little experience, lack of understanding of the market, and failure to take profit in time. This is done to avoid turning profits into losses. I have done it before, whenever something like this happens. I will regret it, but it is useless, like a stop loss, once you reach the point you want to sell, you must sell to prevent more losses.
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BOAEDAN
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July 20, 2021, 03:50:25 AM |
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Sometimes it's wrong but sometimes it's good. Long term investment is usually to not selling their investment in a long run (5 years maybe) even their investment already returning 10-20x of their initial investment. This could be wrong sometimes if the coin is fail for a long run, but imagine if they holding ETH or other crazy growth altcoin.
when you have made a lot of profit but still survive to be able to get more then it can be said as greedy, this method in my opinion is not good, it is better when you have made a profit then you can sell it and make a profit withdrawal, because if you don't sell it then you regret not selling it at a high price.
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inanilujimi
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July 20, 2021, 04:36:34 AM |
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That's human nature, when you get something big, you want to get something bigger. You don't have to say anything to the person, time will tell you about your choice. Regret never comes early.
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justdimin
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July 20, 2021, 11:53:56 AM |
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The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
When someone is being greedy, if you tell them, they are not going to agree that they are greedy. That’s very bad, and people like this tends to end up losing everything they have gotten so far. I know someone that Hodl’ed till price of BTC got to $60k and he never sold because he believed what the media is saying about the price of Bitcoin reaching $300k and he believed that altcoins like Ethereum will go very high when BTC reaches that high price. Unfortunately for him it didn’t go that way. I also saw lots of people in this forum that were predicting $100k for BTC when it was at that $60k. I bet their eyes have opened now, and they will understand that it doesn’t work that way.
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kak uli
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July 23, 2021, 06:51:06 PM |
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I think if it has better potential there is no problem holding on longer and it's not greed in my opinion. but must have a strong analysis of the altcoin that he wants to hold. usually holding an altcoin for a long time will give you a big advantage if the altcoin has potential with its price.
Of course, before holding it in the long term we should at least do research and analysis related to the coin, and if it's a potential coin I think it's fine to hold it long term, which obviously takes patience to do that so holding is not an easy thing Of course what you say is very true and it is a must that must be done by holders of a digital currency. if it was not done before then maybe no one has the courage to hold a digital currency for a long time. For example, like the recent BTT holder!
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Iranus
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August 18, 2021, 10:22:15 PM Last edit: August 18, 2021, 10:52:57 PM by Iranus |
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That's human nature, when you get something big, you want to get something bigger. You don't have to say anything to the person, time will tell you about your choice. Regret never comes early.
Not only nature, but also fact. you have to know the fact. Most traders already have fixed a portion of their profits. They are now expecting another small dump and waiting to buy at the lowest low. Although there has been a huge gain, but most of the traders are expecting that the price of Bitcoin will go up to 90K by December, along with the price of Altcoin. So it makes sense to hold on at the moment, because you don't know when the market will pump, maybe you won't have a chance to buy later.
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flyeers309
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My Dream Comes True
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August 18, 2021, 10:23:55 PM |
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All are their respective decisions and is indeed greedy is one of the challenges for crypto investor, when the coins reach all time high (ATH) many times he still wants more. But it doesn't mean we can push them to sell what they believe
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Natalim
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August 18, 2021, 10:36:44 PM |
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That's human nature, when you get something big, you want to get something bigger. You don't have to say anything to the person, time will tell you about your choice. Regret never comes early.
Not only nature, but also fact. you have to know the fact. Most traders have fixed a portion of their profits. They are now expecting another small dump and waiting to buy at the lowest low. Although there has been a huge gain, most traders think that the price of Bitcoin will go up to 90K by December, along with the price of Altcoin. So it makes sense to hold on at the moment, because you don't know when the market will pump, maybe you won't have a chance to buy later. Hodling even if you are already able to create huge gains is already part of being greedy. And there's no way we can avoid that but only to control it as much as we can. It's really a human nature that nobody gets satisfied, he'll definitely look for more things to make himself more overwhelmed. But hodling bitcoin regardless of how many years you want before selling is never a problem. Because we have seen the path of bitcoin and its always going straight forward as months and years pass by. Maybe with altcoins its quite difficult to do it because most of them are only good for pump and dump.
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